IndustryLatest Stories

Rohit Gupta named MD at Mantra Group; Sandeep Ghosh is Trilegal CEO

NEW DELHI: Mantra Group has appointed Rohit Gupta as managing director, while Saransh Dey has been designated as chief executive officer (CEO) for the Mumbai Region. In his new position, Gupta will steer the company’s strategic direction and enhance its market operations. Dey will focus on the company’s business and operations within the city, prioritizing execution and customer engagement. In another announcement, Trilegal, a law firm, has appointed Sandeep Ghosh as its CEO. The firm will continue to operate under its partnership structure, with the management committee and board overseeing the strategic direction and governance. As CEO, Ghosh aims to…

CommercialLatest Stories

Embassy REIT Buys 0.3M Sq Ft Office in Bengaluru for ₹852 Cr

NEW DELHI: Embassy Office Parks REIT has acquired a 0.3 million sq ft office property in Bengaluru’s Embassy GolfLinks Business Park for ₹852 crore. The acquisition was finalized through purchasing Eleanor Realty Holdings India, the owner and operator of the commercial building ‘Pinehurst’ within the integrated business park. This grade-A office asset is fully leased to a global investment firm. According to the company, the transaction was made at a discount compared to the average valuation given by two independent valuers. Pwc acted as the financial and tax due diligence advisor for the transaction, while Trilegal handled title diligence. S&R…